Examples of Reorganized Garrison in a sentence
The Settlement Facility will pay any Litigation Option Expenditures up to the CRP Value, and Reorganized Garrison will pay from the Litigation Fund any Litigation Option Expenditures in excess of the CRP Value.
Any settlement offer made by the Settlement Facility pursuant to the CRP will be reduced by the amount of Litigation Expenses incurred by Reorganized Garrison prior to the date the Claimant provides written notice of filing of a Claim Form to Reorganized Garrison.
Reorganized Garrison shall not be obligated to offer the Litigation Option Claimant any settlement.
If Reorganized Garrison makes, and the Litigation Option Claimant accepts, any settlement after judgment, the Settlement Facility will pay the settlement amount and Litigation Expenses up to the CRP Value, and Reorganized Garrison will pay any additional amounts from the Litigation Fund.
If Reorganized Garrison makes, and the Litigation Option Claimant accepts, any settlement before judgment, the Settlement Facility will pay the settlement to the Claimant after paying Litigation Expenses incurred before the date of settlement, with the Settlement Facility’s aggregate responsibility not to exceed the CRP Value.
Thereafter, Reorganized Garrison’s authority to settle any Litigation Option Claim shall be limited to the CRP Value less Litigation Expenses to date, and Reorganized Garrison shall not be obligated to offer the Litigation Option Claimant any settlement.
If Reorganized Garrison makes a settlement offer and the Litigation Option Claimant accepts, the Settlement Facility will pay the settlement to the Claimant as well as any Litigation Expenses incurred before the date of the settlement.
If Reorganized Garrison makes, and the Litigation Option Claimant accepts, any settlement, the Settlement Facility will pay the settlement to the Claimant after paying Litigation Expenses incurred before the date of settlement, with the Settlement Facility’s aggregate responsibility not to exceed the CRP Value.
The Claimant will receive the payment prescribed by the CRP less Reorganized Garrison’s Litigation Expenses prior to the date the Election Form is received by Reorganized Garrison.
Pending determination by the Settlement Facility of the CRP Value and its obligation for Litigation Option Expenditures, Reorganized Garrison may make interim payments for Litigation Expenses using the Litigation Fund, to be reimbursed by the Settlement Facility up to the amount of the CRP Value.